How to Cash Out Bitcoin - Bitcoin Price
All products and services featured are independently selected by WikiJob. When you register or purchase through links on this page, we may earn a commission. What Does ‘Cash Out’ Bitcoin Mean? Whether you were an early adopter of bitcoin and your 5 BTC investment is now worth a quarter of a million, or you have been making use of cryptocurrency faucets to build up your satoshis (smallest units of a bitcoin), having a balance of digital currency is great for investing and trading – but not necessarily for increasing your day-to-day wealth. Cashing out your bitcoin or any other cryptocurrency simply means exchanging your balance for fiat (traditional) currency. Whether you are looking to spend your trading profit or are coming out of digital currency completely, finding the best way to transfer your cryptocurrency balance into fiat currency can save you time and money. With the right method, you can sell your bitcoin for local legal tender, and it can be transferred to you as cash, throu...